OECD sustainable investment project in Africa

Description What is done in the programme or project and why, what results are pursued, who benefits from the activities and who are involved in the implementation.

The Organization for Economic Co-operation and Development (OECD) is an important organization for international trade, economic growth and social development. Since 2006, OECD has used Policy Framework for Investment (PFI) to assess the functioning of the investment environment in developing countries and has provided policy recommendations for reforms. Increasing foreign and domestic investment is one of the prerequisites for Africa's sustainable economic development and poverty reduction. The main beneficiary of the project is Southern African Development Community (SADC). Other beneficiaries include companies and their employees, non-state actors (including NGOs), governments, and the African Free Trade Area (AfCFTA) Secretariat. The project will provide the basis to assess how the SADC investment policy is implemented in its member states. On this basis, country-specific policy recommendations will be developed. The results will be used in the context of the AfCFTA.